Budget Processes/Performance Measures

 

State budget processes refer to various budgeting activities and stages in the development of a state’s budget, including the budget cycle, budget requirements, budgeting tools, the budget document, and monitoring the budget. Technical and administrative advancements in the budget process can redirect spending to more effective programs and ultimately lead to better service delivery. In the coming years, changes to state budget processes will likely reflect a growing need to establish clear linkages between funding levels and program results.

Staff Contact: Kathryn Vesey White

NASBO Publications

  • This report shows that state fiscal conditions are moderately improving in fiscal 2015 as the economic recovery enters its sixth year. Consistent annual growth in the economy, while not as robust as many would like, is leading most states back to budget growth. States have replenished some spending for areas cut back during the recession, such as K-12 education and higher education. In addition to bolstering state spending, economic growth has produced higher revenue collections.
  • The latest edition of NASBO’s State Expenditure Report finds that total state spending in fiscal 2014 is estimated to have grown at its fastest pace since before the recession, largely due to an increase in federal Medicaid funds as a majority of states chose to expand enrollment under the Affordable Care Act. Total state spending growth in fiscal 2013 was more modest; however, total state expenditure did return to positive growth following declines in fiscal 2012.